Personal Insurance Blog

EFT (Electronic Funds Transfer) is a safe, easy and convenient way to pay your monthly insurance premiums. No checks to write, no stamps to buy and no trips to the post office.  And – no finance charges!  Payments can be spread out over twelve months (down payment plus eleven installments).

How can I start EFT?

All you need to do is complete a short form to authorize the automatic deduction of your monthly payments from your bank account and attach a voided check or savings deposit slip from the account you wish to use.

How will I know about payments?

Your insurance carrier will send you a schedule of payments detailing the amounts and the dates they will be deducted from your bank account.

What if my insurance policy changes?

If you make changes to your policy, a new payment schedule will be sent to you with the revised amount of your deductions.

And there you have it, safe, easy and convenient!

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